Wednesday, September 17, 2008

My husband and I are trying to save money. When I was working we actually had money to spend on crazy things. These days with only one income we are having to spend way less money than we are used to. It can be a hard concept to learn for people who aren't used to it. But we are getting better.

My 11 year old has been listening to us talking about saving. I have been watching him roll up his pennies, dimes, nickels, and quarters that he has saved up. He asked me for something to keep them in, so I gave him an old coffee can. Last week we went to the credit union and opened him an account.

They have a kid's savings club there. He received some goodies for opening an account. They gave him a backpack, T-shirt, pencils, crayons, a coloring book, and a bean bag dog. His baby brother got a doggy too, just for being good.

He got part of his money changed into dollar bills so he could spend a little. Which is fine with me. I just want him to be better at managing money than me.

Wish there were more parents like ya'll these days :) Teaching the values of managing money instead of the value of just "Gettin'". We still save our change and use it at Christmas time to buy all the gifts. It's amazing how much you can squirrel away with just "change".

That is neat that your bank gave such cute incentives to kids opening an account. We too are stressing money managment to our kids in hope of teaching them to vear from mistakes we have made. I truly feel America does not spend enough in educating our children on money. It should be it's own subject---English, Math, Social Studies, Science, and Money Management!